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Cable Update (GBPUSD)

  • #120,781
  • Feb 17, 2009 1:07am Feb 17, 2009 1:07am
After it touches down to lower level as yesterday, it is going to be bullish. Take note of todays news : For GBP - CPI and US session - TIC
  • #120,782
  • Feb 17, 2009 1:10am Feb 17, 2009 1:10am
Abuawad "indicators" data files
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File Type: txt abuawad_data.txt   < 1 KB | 243 downloads
File Type: txt abuawad_h4.txt   < 1 KB | 235 downloads
  • #120,783
  • Feb 17, 2009 1:10am Feb 17, 2009 1:10am
Quoting JammerJams
Sofia..since you use targets as Jack does..I read that you seem to think Jacks is different from yours.

yours is around 4060 level..correct

how much different...
1.4088
  • #120,784
  • Feb 17, 2009 1:14am Feb 17, 2009 1:14am
Quoting dstryr
Gotta break 4168 first.
why? there is no rule carved in stone anywhere mate. take it as you see it. there is no "must".
good luck to you ... & me
Thank You
  • #120,785
  • Feb 17, 2009 1:14am Feb 17, 2009 1:14am
Quoting Myman
After it touches down to lower level as yesterday, it is going to be bullish. Take note of todays news : For GBP - CPI and US session - TIC
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
  • #120,786
  • Feb 17, 2009 1:15am Feb 17, 2009 1:15am
Quoting wormboy
why? there is no rule carved in stone anywhere mate. take it as you see it. there is no "must".
good luck to you ... & me
True you both can make money
  • #120,787
  • Feb 17, 2009 1:17am Feb 17, 2009 1:17am
Quoting JammerJams
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
Good news don't work on bearish market
  • #120,788
  • Feb 17, 2009 1:18am Feb 17, 2009 1:18am
Quoting JammerJams
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
Slight correction ... I am not long here. Although 4190 is a pivot, there is support in the 4160 area and in my experience with pivots, the pivot is ignored and the resistance/support is where to look for a trade.

I will only be bullish longer term is we can't break below 1.4000 and if we break above 1.4600 .. For now, I roll with the bears.

So, the 4190/60 area is a place to look to go long only if price tells you you should. Otherwise, we play a break lower.
  • #120,789
  • Feb 17, 2009 1:22am Feb 17, 2009 1:22am
I would prefer a long from 1.4020/50 or a short on a break. Its a win win if you let price first show you which way to go.
  • #120,790
  • Feb 17, 2009 1:24am Feb 17, 2009 1:24am
Quoting jack.canadia
I would prefer a long from 1.4020/50 or a short on a break. Its a win win if you let price first show you which way to go.
Now you are talking
  • #120,791
  • Feb 17, 2009 1:25am Feb 17, 2009 1:25am
here she comes. moving the stops to be.
Thank You
  • #120,792
  • Feb 17, 2009 1:26am Feb 17, 2009 1:26am
Quoting JammerJams
I think todays news will play a critical factor in getting the G/U to move upward. I believe that Jacks entry of the 4190 level may be a good entry.

the strong support level 4160 will be difficult to breech unless the cpi data is poor..and USD news is favorable toward USD
Not yet JammerJams. If you look at Chart 30 min at 15 min... it is still downtrend. Give another 15min or 30 min to go for long. For myself ... I'm buying at yesterday lower level and another long at 1.4080 and 1.4030
  • #120,793
  • Feb 17, 2009 1:28am Feb 17, 2009 1:28am
Took 40 of that from 4190! Too uncertain for me because if it bounces, it may be a hard one.
  • #120,794
  • Feb 17, 2009 1:29am Feb 17, 2009 1:29am
Quoting wormboy
here she comes. moving the stops to be.
Good Job bro, hold your short looks like it is the longest M15 bearish candle from yesterday !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,795
  • Feb 17, 2009 1:29am Feb 17, 2009 1:29am
Quoting sofia101
Now you are talking
Oh I never said your levels were wrong, it's just whenever I heard 'pivot', I assume classical pivot points. My mistake.

I will probably miss that entry though since I will be in bed
  • #120,796
  • Feb 17, 2009 1:36am Feb 17, 2009 1:36am
Did some of you catched that beauty?!?
Been in from 06 and 89 out at 33.
Sometimes i LOVE FX...

------------

In whit "bulls" (or what remain of) at 35 whit tigh tigh stop and ridiculous position.
  • #120,797
  • Feb 17, 2009 1:37am Feb 17, 2009 1:37am
closed 1 position, leaving the other & stops at be +5
Good luck guys
Thank You
  • #120,798
  • Feb 17, 2009 1:38am Feb 17, 2009 1:38am
She broke Daily support trend line (1.4165). Who will go long should be ready with a big SL !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,799
  • Feb 17, 2009 1:38am Feb 17, 2009 1:38am
Quoting Myman
Not yet JammerJams. If you look at Chart 30 min at 15 min... it is still downtrend. Give another 15min or 30 min to go for long. For myself ... I'm buying at yesterday lower level and another long at 1.4080 and 1.4030
I have a short from 4190...
  • #120,800
  • Feb 17, 2009 1:38am Feb 17, 2009 1:38am
Quoting Inzider
Did some of you catched that beauty?!?
Been in from 06 and 89 out at 33.
Sometimes i LOVE FX...

------------

In whit "bulls" (or what remain of) at 35 whit tigh tigh stop and ridiculous position.
I did and I am out too
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